Comparing LRAPs
Posted: Mon Jan 31, 2011 8:35 am
I was just going through the TLS LRAP guide and was slightly confused as to which ones were 'better' than others.
Being a 0L I think I am missing something - it appears from the guide that Georgetown's LRAP program would be the best given how high the base for '0$ expected payments' is.
Is there a specific disadvantage to having to be in IBR/PSLF?
It looks like the Y/H/S programs pay down overall debt faster but require more of the student... but under PSLF remaining debt is forgiven after 10 years.
I know I am missing something obvious, I just can't figure out what.
Being a 0L I think I am missing something - it appears from the guide that Georgetown's LRAP program would be the best given how high the base for '0$ expected payments' is.
Is there a specific disadvantage to having to be in IBR/PSLF?
It looks like the Y/H/S programs pay down overall debt faster but require more of the student... but under PSLF remaining debt is forgiven after 10 years.
I know I am missing something obvious, I just can't figure out what.